Finance Receivables, Net (Tables)

9 Months Ended

Dec. 31, 2015

Receivables [Abstract]

Net Financing Receivables

Finance receivables, net consisted of the following:

	December 31,			March 31,
	2015			2015
Retail receivables	$	37,413		$	39,141
Securitized retail receivables		13,794			11,682
Dealer financing		15,176			15,744
		66,383			66,567
Deferred origination (fees) and costs, net		666			646
Deferred income		(905	)		(911	)
Allowance for credit losses
Retail and securitized retail receivables		(258	)		(301	)
Dealer financing		(123	)		(108	)
Total allowance for credit losses		(381	)		(409	)
Finance receivables, net	$	65,763		$	65,893

Finance Receivable Credit Quality Indicators

The tables below present each credit quality indicator by class of finance receivable:

	Retail Loan				Commercial
	December 31,		March 31,		December 31,		March 31,
	2015		2015		2015		2015
Aging of finance receivables:
Current	$	50,206	$	49,684	$	-	$	511
30-59 days past due		743		467		-		8
60-89 days past due		176		100		-		2
90 days or greater past due		82		51		-		-
Total	$	51,207	$	50,302	$	-	$	521

	Wholesale				Real Estate				Working Capital
	December 31,		March 31,		December 31,		March 31,		December 31,		March 31,
	2015		2015		2015		2015		2015		2015
Credit quality indicators:
Performing	$	7,602	$	7,993	$	3,918	$	3,782	$	1,682	$	1,643
Credit Watch		802		1,137		705		842		223		176
At Risk		85		60		66		37		13		32
Default		19		36		55		4		6		2
Total	$	8,508	$	9,226	$	4,744	$	4,665	$	1,924	$	1,853

Summary of Investment in Impaired Loans by Class of Finance Receivable

Impaired Finance Receivables

The following table summarizes the information related to our impaired loans by class of finance receivables:

	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	December 31,		March 31,		December 31,		March 31,		December 31,		March 31,
	2015		2015		2015		2015		2015		2015
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	78	$	76	$	78	$	76	$	11	$	14
Real estate		121		52		121		52		15		10
Working capital		35		34		35		34		33		31
Total	$	234	$	162	$	234	$	162	$	59	$	55
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	164	$	105	$	164	$	105
Real estate		99		91		99		91
Working capital		5		2		5		2
Total	$	268	$	198	$	268	$	198
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	237	$	264	$	234	$	261
Commercial		-		-		-		-
Total	$	237	$	264	$	234	$	261
Total impaired account balances:
Retail loan	$	237	$	264	$	234	$	261
Commercial		-		-		-		-
Wholesale		242		181		242		181
Real estate		220		143		220		143
Working capital		40		36		40		36
Total	$	739	$	624	$	736	$	621

	Average Impaired FinanceReceivables								Interest Income Recognized
	Three Months Ended December 31,				Nine Months Ended December 31,				Three Months Ended December 31,				Nine Months Ended December 31,
	2015		2014		2015		2014		2015		2014		2015		2014
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	77	$	17	$	83	$	17	$	-	$	-	$	1	$	-
Real estate		103		14		87		20		1		-		2		-
Working capital		34		23		35		23		-		-		1		1
Total	$	214	$	54	$	205	$	60	$	1	$	-	$	4	$	1
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	136	$	62	$	119	$	56	$	1	$	-	$	2	$	1
Real estate		94		89		90		91		1		1		3		2
Working capital		5		3		4		3		-		-		-		-
Total	$	235	$	154	$	213	$	150	$	2	$	1	$	5	$	3
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	241	$	284	$	251	$	301	$	4	$	5	$	13	$	17
Commercial		-		1		-		1		-		-		-		-
Total	$	241	$	285	$	251	$	302	$	4	$	5	$	13	$	17
Total impaired account balances:
Retail loan	$	241	$	284	$	251	$	301	$	4	$	5	$	13	$	17
Commercial		-		1		-		1		-		-		-		-
Wholesale		213		79		202		73		1		-		3		1
Real estate		197		103		177		111		2		1		5		2
Working capital		39		26		39		26		-		-		1		1
Total	$	690	$	493	$	669	$	512	$	7	$	6	$	22	$	21